greyrock at lake lure
Redefining Opportunity
As a private, gated community, GreyRock at Lake Lure is truly unique. Not only does GreyRock offer a rare opportunity for luxurious mountain living with unobstructed views of the gorgeous 800-acre Lake Lure, but it is also a short drive to the lake. GreyRock is just minutes from quaint North Carolina towns of Lake Lure, Hendersonville, Tryon and Black Mountain. Asheville and Charlotte and Greenville / Spartanburg in South Carolina are also nearby.
For developers and builders, the investment potential is also unique. GreyRock is structured for substantial returns, with different levels of opportunity; from acquiring breathtaking luxury estate home lots to property suitable for cluster homes or the perfect single-family residences.
GreyRock is the chance for an investor to join a partnership, with an active Property Owners Association, of a partially completed, well-maintained, upscale residential development with paved roads and an electrical grid in place.
Working together, and redefining opportunity.
OPPORTUNITY 1
SIZE: 36 build-ready primary lots.
STATUS: Road and construction access for immediate build; electric service readily available.
OPPORTUNITY 2
SIZE: 35 divided, deeded lots & self-contained enclave available for independent development with main road access.
STATUS: Roads requiring grading, repair and paving; electric service required.
OPPORTUNITY 3
SIZE: Open, unplatted acreage for high-density single-family development such as townhouses or cottages
STATUS: Infrastructure required; electric line was sized for development in this area.
Features Overview
Infrastructure
Significant portions of GreyRock’s infrastructure already exist. This can obviously translate into accelerated returns for any investment partner. The current roads, electric and other infrastructure elements mitigate significant risk and can streamline builder-developer functions. The existing infrastructure represents huge savings in terms of developer time and capital.
GreyRock Community
In addition to the homesites, the GreyRock Property Owners have a site for a clubhouse near the west gate with beautiful long-range views and a site for a pavilion with stunning views of Logan Falls.
Eager to share this 2,500 acres of mountain landscape with the world, they’re intent on finding a similarly motivated investor. They understand how owners at GreyRock can meet the pent-up demand these most recent times have created in the marketplace. They are invested and looking for the right development partner.
HGTV Dream Home
Despite being rustically remote, the mountain woodlands can be easily built on. In fact, building at GreyRock can be a dream -- the home that became the 2006 HGTV Dream Home was built on the property. GreyRock was the perfect place for the highest standard of mountain luxury in 2006 and it’s even more so today.
Surrounding Area
Escaping to the pastoral mountains is certainly a draw for many to GreyRock. However, as remote as the property may seem, it is also comforting to know how close it is to the surrounding culture. The galleries and restaurants of the town of Lake Lure are literally down the road, as are the town’s marina, beach and historic Flowering Bridge. GreyRock is minutes away from no less than 5 world-class golf courses and some of the region’s most breathtaking wineries and award-winning breweries and distilleries.
Known as Nature’s Playground, the area boasts miles of trails for hiking and biking, as well as countless outdoor adventures -- rock climbing, ziplining, and of course watersports on the lake.
Just a short scenic drive away are the quaint boutiques and cafes of Hendersonville, Black Mountain and Tryon, as well as the Tryon International Equestrian Center (TIEC) , one of the world’s premier equestrian lifestyle destinations. For a bigger night out, Asheville and Charlotte are also easily drivable, as are the up-and-coming cities of Greenville and Spartanburg in South Carolina.
Conserving Carolina
The mountains of Western North Carolina are pristine and elegant, yet approachable. In December 2009, Conserving Carolina purchased 1500-acres of GreyRock which is now Lake Lure’s Buffalo Creek Park, preserving the subdued majesty of this land.
GreyRock’s proximity to this conservation land provides the community both with gorgeous unobstructed views and a “protected backyard” now and into the future.
The park is home to the Weed Patch Mountain Trail -- over 10-miles of hiking/biking trails that is part of a planned 100-mile trail system that circles the Hickory Nut Gorge.
As respected stewards of Western Carolina, Conserving Carolina is dedicated to preserving the miles of trails and the gorgeous mountain views surrounding GreyRock. They also have a connector parcel to nearby Chimney Rock State Park in the works.
Learn more about this unique opportunity.
The GreyRock offering memorandum expands on some of the finer points we’ve laid out above. We’d love to share it with you and to discuss further the details of this chance to become a partner in a truly one-of-a-kind investment opportunity.
